Latest opinions that Ilan Friedman has shared on Finextra

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Ilan Friedman

Director Strategy

Nipendo

Member since

03 Jan 2022

Location

Netanya

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Ilan's opinions

Beating the Supply Chain Challenge

In the 1960s, psychologist Walter Mischel performed a study around delayed gratification. He left preschool-age children in a room with one treat, offering them the choice of eating it immediately, or waiting for him to return with two treats. Without guidance, most children devoured the treat immediately, but after being advised to think of the...

16 December 2022 /payments The Payments Business

If you want an efficient supply chain, don't mess with your suppliers

We all know the past few years have been challenging as far as supply chain goes, and it doesn't look like things will improve any time soon. According to McKinsey, global supply chains suffer from three primary challenges: labor shortages, equipment availability, and the ripple effect of global bottlenecks. IndustryWeek magazine adds that sup...

20 November 2022 /payments

A Better Way To Manage Contractor Invoices In The Software And IT Services Industry

Corporations that deliver software and IT services find themselves concerned with an ever-increasing demand for transformation and improved customer experience, growing requirements around cybersecurity and data privacy, various types of geopolitical influencers that only appear to be increasing in severity, and the “ordinary” lineup of competitiv...

26 October 2022 /payments The Payments Business

The Headache of Implementing a Source-to-Pay Automation Solution

There's a Simpler Way It's not your fault. Implementation was not supposed to take this long, nor was it supposed to cost this much. But what's worse – it didn't really get you the results you expected. If you've implemented a Source-to-Pay (S2P) automation solution, this might sound familiar. But when you listened to vendors in this space, you...

26 August 2022 /payments Personal Finance

Effective Supplier Management in Manufacturing

Industry Challenges Despite growing demand, manufacturing companies face significant and growing supply chain disruptions: labor shortages, container shortages, port congestion and backlog, logistical issues, heightened regulations, and increasing fuel prices are just a few of them. While they cannot control most of these issues, embarking on a d...

13 August 2022 /payments Sustainable compliance

The Effective Way for Healthcare Facilities to Manage Inventory Levels

Properly managing medical equipment inventory is essential to the effectiveness of hospitals and healthcare facilities, and to their ability to appropriately provision health services. The inventory must be recorded and updated continually so that it provides an accurate picture, enabling the healthcare facility to avoid shortages, track expiry da...

18 January 2022 /payments

Moving from manual to automated supplier management in manufacturing

Manufacturing companies often face challenges associated with complex supply chain environments, which significantly impact the way they manage supplier relationships. Procurement in these settings involves working with a variety of different supplier types, sometimes based in different global locations, which must comply with specified policies ...

11 January 2022 /payments /startups

Winning The Competitive Battle By Looking Inward

The battle in which competing enterprises are continuously engaged requires them to look both outward, at such things as revenue growth, new revenue generation, increased market share or new market gains, and inward at cost-reduction and greater efficiencies. An organization that embraces a long-term approach to maintaining a competitive advantage ...

07 January 2022 /payments /startups

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